Gilbert Law Summary on Agency, Partnership and LLCs
Authors:
Conviser, Richard J. / Kaufman, Michael J.
Edition:
8th
Copyright Date:
2026
- Publication Date: January 13th, 2026
- ISBN: 9798887864907
- Subject: Business Organizations
- Series: Gilbert Law Summaries
- Type: Outlines
- Description: The topics covered in Agency, Partnership, and Limited Liability Companies are rights and liabilities between principal and agent (including the agent’s fiduciary duties and the principal’s right to indemnification), contractual rights between the principal and third persons (including the creation of an agency relationship, authority of the agent, scope of authority, apparent authority, termination of authority, ratification, and liability on the agent's contracts), and tort liability (including respondeat superior, the scope of employment, and independent contractor liability ). Also included are the property rights of partners, the formation of partnerships, relations between partners (including fiduciary duties), the authority of a partner to bind the partnership, and dissolution and winding up of the partnership). Formation, operation, and dissolution of limited partnerships and limited liability companies, as well as mergers and conversions of these entities, are also covered.